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Iconic Corner in Chinatown 103 3rd Ave SE 900 - 3,900 SF of Retail Space Available in Calgary, AB T2G 2B8
HIGHLIGHTS
- Tenant Mix: Pho Pham and Francine's French Bar and Bistro
- High exposure and visibility to Centre Street
- Most prominent corner in Calgary's Chinatown
- Heavy day time and lunch traffic
- Neighbouring Anchor Businesses: Coco Fresh Tea, TD Bank, Silver Dragon, Gong Cha
- 3 large public parking lots nearby (within one block west and two blocks south), ample street parking
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 900 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 3 | 3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 1
Lease this prime location with outstanding traffic from the surrounding office towers, residential density, and other businesses. This 900 sq.ft. space is perfect for any retail or beverage QSR (matcha, coffee, or bubble tea) store that can take advantage of the heavy daytime traffic. Available now. Space highlights: - Gross Usable Area: 900± sq.ft. main floor - Exceptional Centre St. Frontage on the corner of Centre St. S and 3rd Ave - 3rd Ave SE entrance and large window - Brand new modernized facade - Back door loading and delivery pickup
- Partially Demolished Space
- Corner Space
- High Ceilings
- Exposed Ceiling
- Basement
- Wheelchair Accessible
- Prime Location and Corner in Calgary's Chinatown.
- Excellent 3rd Ave Exposure.
- High Foot and Vehicle Traffic.
- High Food Traffic, Especially Lunch and Weekends.
- New Masonry Facade.
- Well-known Historical Building.
1st Floor, Ste 3
Lower Level with Centre St. Entry Way and Back Door Loading Unbeatable traffic on the corner of Centre St. S and 3rd Ave S. Brand new modernized facade. Available immediately.
- Partially Demolished Space
- High Ceilings
- Exposed Ceiling
- Basement
- Wheelchair Accessible
- Prime Location and Corner in Calgary's Chinatown.
- Excellent Centre St and 3rd Ave.
- High Foot and Vehicle Traffic.
- Exceptional Daytime Traffic.
- New Masonry.
- Well-known Historical Building.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 3,900 SF | Gross Leasable Area | 5,650 SF |
| Property Type | Retail | Year Built/Renovated | 1900/2021 |
| Property Subtype | Freestanding |
| Total Space Available | 3,900 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,650 SF |
| Year Built/Renovated | 1900/2021 |
ABOUT THE PROPERTY
Coming to our culinary corner in Chinatown: Pho Pham and Francine's - Pho Pham, run by the Pham family who also owns Pho Hoan Pasteur, is placing their 12th restaurant in Alberta on the Centre Street facing corner, expected to attract hundreds of patrons daily who are loyal to their brand. - Francine's, a petit French bar and bistro, is opening next to the subject building on Centre Street. We're expecting very warm welcome from the community and young professionals who want to escape to Paris during their lunch breaks and business meetings. Professionals and patrons of all ages regularly travel to Calgary’s Chinatown and Downtown Core, making this prominent corner an ideal location for any businesses looking to serve the communities of Chinatown, Crescent Heights, Downtown Core, East Village and more. The lower level provides a unique opportunity for a luxurious underground bar to take advantage of the traffic from the young professionals who would a "prohibition era" vibe. A concept like this would optimize the affluent and wide trade area that this corner in Chinatown has to offer during evenings and weekends. Chinatown is blocks away from Calgary’s densest business district, including The Bow, Suncore Energy Centre, TC Energy Tower, and more top-earning corporations. The site itself is in the centre of Chinatown and is seen by more than 98,000 people who pass by daily.
NEARBY MAJOR RETAILERS
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Iconic Corner in Chinatown | 103 3rd Ave SE
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